Inflation Interest rates
Fed raises interest rates for first time in 3. In this inflationary period how are interest rates supposed to bring prices down The Federal Reserve raised interest rates by 025.
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The Federal Reserve raised rates to battle inflation thats at a 40-year high.

. It forecast six more hikes in 2022. The Bank of England raised interest rates from 05 per cent to 075 per cent on Thursday underlining its resolve to fight soaring inflation which is now expected to hit 8. The Federal Reserve said on Wednesday that it would raise interest rates for the first time in three years as policymakers look to cool red-hot inflation a move that comes at a precarious time.
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